Doing Business 2017 report highlights Serbia for improvements in business regulations

by ZS Law

Doing Business 2017: Equal Opportunity for All, a World Bank Group flagship report, the 14th in a series of annual reports comparing business regulation in 190 economies, was released on 25 October 2016. The report  is investigating the regulations that enhance business activity and those that constrain it and presents quantitative indicators on business regulation and the protection of property rights that can be compared across economies and over time.

Serbia is amongst ten economies highlighted in Doing Business 2017 for making the biggest improvements in their business regulations, with rankings improved from 54 in 2016 to 47 in 2017. According to the report, Serbia simplified the process of starting a business by reducing the time to register a company, made dealing with construction permits faster by implementing an online system and streamlining the process of obtaining building permits, as well as simplified property transfer process by introducing effective time limits.

Živković Samardžić, one of the Serbia’s leading law firms is World Bank’s local partner on the Doing Business project. Živković Samardžić lawyers who contributed to the Doing Business 2017 report were partners Uroš Djordjević and Jovana Tomić, of counsel Miloš Živković, senior associate Igor Živkovski, associate Sonja Šehovac and trainee attorneys Tanja Danojević and Neda Spajić.

The full report and accompanying datasets are available at http://www.doingbusiness.org/

 

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